Belmont, OH County is a great place to live and work. The area offers low rent with two bedrooms coming in at $830. This is significantly lower than the US average rent for two bedrooms which is $1,430. Food costs are also much lower in Belmont, OH County with an index score of 96 versus the national average of 100. There are several local companies that draw people to the area such as Harrison Power Systems and PCC Airfoils. The cost of living in Belmont, OH County makes it a great place to settle down permanently or just visit for a while.
Belmont County has an unemployment rate of 5.8%. The US average is 6.0%.
Belmont County has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 17.5%, which is lower than the US average of 33.5%.
Tax Rates for Belmont County
- The Sales Tax Rate for Belmont County is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Belmont County is 3.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Belmont County
- The average income of a Belmont County resident is $23,285 a year. The US average is $28,555 a year.
- The Median household income of a Belmont County resident is $54,191 a year. The US average is $69,021 a year.